SSC CGL 2017 Tier 1 Questions and Answers

Sports GK Questions and Answers 2024 (Latest Updated)

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Question

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A Monopsony
B Monopoly
C Oligopoly
D Monopolistic Competition

Answer & Explanation

Answer: [Monopolistic Competition ]

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